menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Legal Environment
  4. Exam
    Exam 13: Negotiable Instruments and Banks
  5. Question
    Al Has Authorized the Payment of His Cell Phone Bill
Solved

Al Has Authorized the Payment of His Cell Phone Bill

Question 3

Question 3

Essay

Al has authorized the payment of his cell phone bill through electronic fund transfer each month.In July,the bank's system malfunctions,preventing the usual transfer.Discuss the effect of the malfunction on Al's obligations.

Correct Answer:

verifed

Verified

Related Questions

Q1: In good faith,Clint gave Nora $600 for

Q2: Which of the following regulates ATMs?<br>A) Article

Q4: On February 23,Ginny wrote a check for

Q5: To complete some home repairs,Kenton purchases several

Q6: On March 26,Janet wrote a $3,200 check

Q7: On December 4,Quentin signed a promissory note

Q8: Hammer bought a tool set from Weekend

Q9: Charlene has possession of a check made

Q10: Anthony purchased a $3800 promissory note from

Q11: If Fred writes a check that in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines